Eldorado Gold Stock Price (NYSE:EGO) – Buy, Sell or Hold?
Is current Eldorado Gold stock price a buy, sell or hold? Real-time chart, technical analysis, trading strategies, company news, discussions and more.
Circa 1992 Eldorado Corporation embarked on its mission to explore, mine, develop and sell gold the world over from its base at Vancouver in Canada and even when it was re-christened as Eldorado Gold Corporation in 1996, its function has remained the same. Throughout its years of existence, the main objective of the company has been to establish itself as an intermediate provider of gold to buyers who appreciate and value quality above everything else.
Currently, there are five regions in the world that form the crux of this company’s main operations namely two gold mines in Turkey, three mines in China and an iron-ore mine and a silver-lead-zinc mine in Brazil and Greece respectively. These are used for exploration and development of the yellow metal through application of technical expertise and financial discipline so that the resources and natural reserves are preserved rather than destroyed. With this ideal of the company dominating construction, the company is able to augment its levels of production as also identify new opportunities for growth.
In addition there are several development projects that are underway in Greece, Romania and Brazil and these are in full compliance with the strictest environmental standards. Being reflective of the diversification and decentralization policies of the company these enjoy the status of subsidiaries and account for a large cluster of branch offices that are dotted all over the globe. Courtesy of these mines, the inventory of the company has extended beyond gold to include lead, zinc, copper, iron and silver.
Unparalleled technical expertise and constant expansion are bywords of the company and when coupled with flexibility, these attributes ensure that the company is able to deliver its products on time and as per the budget of the customers.
Corporate Website: http://www.eldoradogold.com/
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